Tinka Resources (CVE:TK) Hits New 52-Week High – Time to Buy?
by Jessica Moore · The Cerbat GemTinka Resources Limited (CVE:TK – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$0.61 and last traded at C$0.61, with a volume of 372809 shares traded. The stock had previously closed at C$0.56.
Tinka Resources Price Performance
The firm has a market capitalization of C$86.21 million, a P/E ratio of -32.25 and a beta of 1.32. The firm’s fifty day moving average price is C$0.40 and its 200-day moving average price is C$0.45.
Tinka Resources Company Profile
Tinka Resources Limited engages in the acquisition and exploration of base and precious metals mineral properties in Peru. It primarily explores for zinc, lead, silver, tin, gold, and copper deposits. The company’s flagship project comprises the 100% interests in the Ayawilca project that consists of 59 granted mining concessions covering an area of approximately 16,548 hectares located in the Department of Pasco, Central Peru. Tinka Resources Limited was incorporated in 1987 and is headquartered in Vancouver, Canada.